CIMAREX ENERGY CO. (NYSE:XEC) Files An 8-K Submission of Matters to a Vote of Security Holders

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CIMAREX ENERGY CO. (NYSE:XEC) Files An 8-K Submission of Matters to a Vote of Security Holders
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The annual meeting of shareholders of Cimarex Energy Co. was held on May 8, 2019. Four proposals were voted upon at the annual meeting. Following are the results of the balloting:

Item 1. Elect three Class II directors for terms expiring in 2022.

Item 2. Advisory vote on executive compensation.

Item 3. Approval of the 2019 Equity Incentive Plan.

Item 4. Ratify the appointment of KPMG LLP as independent auditors for 2019.

ITEM 8.01 OTHER EVENTS

Prior to the May 8, 2019 Annual Meeting of Shareholders, Cimarex discussed with major shareholders the positive and negative recommendations of proxy advisory consultants concerning the Company’s advisory vote on executive compensation and areas of interest or concern to those shareholders on compensation and other issues. The Compensation and Governance Committee of the Board of Directors is reviewing potential revisions to the Company’s compensation plans in light of the input received and the shareholder vote noted in Item 5.07 above. The Company plans to continue shareholder engagement on these and other topics.

About CIMAREX ENERGY CO. (NYSE:XEC)

Cimarex Energy Co. is an independent oil and gas exploration and production company. The Company’s segment is exploration and production. Its operations are located mainly in Oklahoma, Texas and New Mexico. Its operations are focused in approximately two main areas, such as the Permian Basin and the Mid-Continent region. Its Permian Basin region includes west Texas and southeast New Mexico. Its Mid-Continent region consists of Oklahoma and the Texas Panhandle. Its Permian Basin efforts are located in the western half of the Permian Basin known as the Delaware Basin. It is focused on drilling horizontal wells that yielded oil and liquids-rich gas from the Wolfcamp shale, the Bone Spring formation and the Avalon shale. The Permian region produces approximately 542 million cubic feet equivalent per day. In the Mid-Continent region, it is focused in the Cana-Woodford shale and the Meramec horizon. The Mid-Continent region produces approximately 432 million cubic feet equivalent per day.